OMFE 503: Introduction to Economics

2010-04-15 -

Course Description altered.


68929 (for web registration)




Mark Friedman





Summer 2010

Meeting Schedule:



Competency Area: Finance & Economics
Fulfills requirement for meeting proficiency in microeconomics.

This self paced, self instructed online course will prepare students for Ecological Economics. In this course students will explore economic thinking through two lenses: neoclassical and ecological economics. In neoclassical economics, students will survey: supply and demand, elasticity, production costs, monetary policy, fiscal policy, and other topics relevant to building a foundational understanding of economics. In preparation for ecological economics students will survey the connection of the social, economic, and environmental spheres. Topics will include, but not be limited to: sustainable development, substitutability of human for natural capital, carrying capacity, social return on investment and social cost-benefit analysis. This self paced course is offered on Sakai. It is designed in a series of modules. At the end of each module is a quiz that students must pass prior to proceeding to the next module. At the end of the course is a final exam. Students must get 80% or better to pass the course. Multiple resources and links will be available online so students will be able to navigate the course independently. This self paced is course available throughout the summer 2010 semester, ongoing from June 1 through August 15, 2010. Section A is the self-paced course – final day to register July 26. Cost $400. Section T is self-paced test only – must be completed by July 26. Cost $50.